NOT LISTED FOR SALE

25092 Paseo Cipres Lake Forest, CA 92630

Estimated Value: $1,355,957 - $1,502,000

3 Beds
2.5 Baths
2,502 Sq Ft
$577/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $655,000 $262 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,408/month

6 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Property is near a park
  • Rancho Canada Elementary School Rated A-
  • Clubhouse
  • Traditional Architecture

About This Home

As of July 2013

This home has only had one owner and it was meticulously maintained, but it does need updating. All 3 bedrooms are on the second level, along with a huge bonus room with fireplace, wet bar and built in wood cabinetry/shelving. This tri-level has the living room on the mid level and the kitchen, dining room, family room and half bath are on the lower level. The French doors from the family room lead to a covered patio and a huge backyard that backs to one of the association's many greenbelts.

Last Agent to Sell the Property

Susan Miller

Minaret Properties License #00998508 Listed on: 06/21/2013

Last Buyer's Agent

Deborah Quechenberger

First Team Real Estate License #01743296

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,790

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Southeast Facing Home
  • Stone Wall
  • Wrought Iron Fence
  • Landscaped
  • Sprinkler System
  • Back Yard

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,502 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Garden Windows
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room with Fireplace
  • Park or Greenbelt Views
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Property is near a park
  • Suburban Location

Additional Features

  • Doors swing in
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 9110
  • Assessor Parcel Number 61006316

Community Details

Overview

  • Serrano Park Association, Phone Number (949) 768-7261
  • Built by Shapell (now S&S Homes)
  • Olympus

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,790

Year Built

Built in 1978

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: Dan Miller
  • Other Phone Number: 949.300.4953
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Serrano Park I (SP)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61006316
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2502.00
  • Interior Amenities: Bar, Beamed Ceilings, Cathedral Ceiling(s), Ceramic Counters, Tile Counters, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Family Room
  • Levels: Two
  • Price Per Square Foot: 261.79
  • Room Type: Attic, All Bedrooms Up, Family Room, Formal Entry, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Drapes, Garden Window(s), Plantation Shutters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Raised
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Stone, Wrought Iron
  • Builder Name: Shapell (now S&S Homes)
  • Patio And Porch Features: Brick, Covered, Concrete, Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Dishwasher, Electric Range, Disposal
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 108.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Park
  • Phone: 949.768.7261
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Suburban

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Lot Features: Back Yard, Landscaped, Park Nearby, Sprinkler System
  • Lot Size: 60x100
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 593
  • Number Of Units Total: 593

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 9110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jul 20, 2013
Sold by
Blanchard Ronald E
Bought by
Fernandez Christopher H and Fernandez Cory L
Seller's Agent
Susan Miller
Minaret Properties
Buyer's Agent
Deborah Quechenberger
First Team Real Estate
List Price
$649,900
Sold Price
$655,000
Premium/Discount to List
$5,100
0.78%
Current Estimated Value
$1,442,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,739
Avg. Annual Appreciation
6.65%
Original Mortgage
$589,434
Outstanding Balance
$429,691
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,013,048

Purchase Details

Closed on
Jan 22, 2007
Sold by
Short Robert E and Short Marlene M
Bought by
Short Robert E and Short Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Short Robert E and Short Marlene M
Bought by
Short Robert E and Short Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2005
Sold by
Short Robert E and Short Marlene M
Bought by
Short Robert E and Short Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 4, 2003
Sold by
Short Robert E and Short Marlene C
Bought by
Short Robert E and Short Marlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
4.5%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Short Robert E and Short Marlene C
Bought by
Short Robert E and Short Marlene C
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fernandez Christopher H $655,000 Equity Title Orange County-I
Short Robert E -- Chicago Title Co
Short Robert E -- Chicago Title Co
Short Robert E -- Accommodation
Short Robert F -- North American Title Co
Short Robert E -- Chicago Title Co
Short Robert E -- Chicago Title Co
Short Robert E -- North American Title Co
Short Robert E -- North American Title Co
Short Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Christopher H $589,434
Previous Owner Short Robert E $188,500
Previous Owner Short Robert F $170,000
Previous Owner Short Robert E $150,000
Previous Owner Short Robert E $124,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2013 07/25/13 Sold $655,000 +0.8% $262 / Sq Ft
06/21/2013 06/21/13 For Sale $649,900 -0.8% $260 / Sq Ft
06/19/2013 06/19/13 Off Market $655,000 -- --
06/19/2013 06/19/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $649,900 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,790 $861,657 $570,345 $291,312
2024 $8,790 $844,762 $559,162 $285,600
2023 $8,582 $828,199 $548,199 $280,000
2022 $8,428 $811,960 $537,450 $274,510
2021 $8,259 $796,040 $526,912 $269,128
2020 $8,184 $787,878 $521,509 $266,369
2019 $8,020 $772,430 $511,283 $261,147
2018 $7,868 $757,285 $501,258 $256,027
2017 $7,191 $691,839 $491,430 $200,409
2016 $7,070 $678,274 $481,794 $196,480
2015 $6,984 $668,086 $474,557 $193,529
2014 $6,832 $655,000 $465,261 $189,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13114211

California Regional Multiple Listing Service (CRMLS)

APN: 610-063-16